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De Baca County, NM · Sold

NM-353361

2639 County Road 383

$29,000
$1,752/ac · 16.55 ac
Acreage16.55 ac
Price per acre$1,752/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedFeb 2, 2024
Coordinates34.3975, -104.4415
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

De Baca County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View De Baca market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
12
Low risk
Wetlands12.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

528 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area13.84 of 16.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,454
$31,758$53,150 · $2,565/ac on 16.55 ac
Asking vs estimate
-31.7%
Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $29,000
Maximum allowable offer
$24,259
$1,466/ac · +30.0% target margin

You need $4,741 off asking to hit this margin.

All-in cost$26,321
Net resale$39,058
Projected profit$12,737
ROI+48.4%
Annualized+69.3%
Break-even resale$1,729/ac
Profit if resale lands off target
-20%
$4,925
-10%
$8,831
0%
$12,737
+10%
$16,642
+20%
$20,548
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-794055
Paved · Full utilities
27.4Jul 27, 2026$73,7002,6942,1032.1 mi
81
NM-783216
Dirt · Power at road
14.9Sep 27, 2025$26,3001,7662,20911.7 mi
80
NM-313418
Gravel · Off grid
17.3Sep 19, 2025$51,8003,0033,8662.7 mi
80
NM-533568
Dirt · Power at road
19.2Oct 8, 2025$30,9001,6072,0674.7 mi
79
NM-394114
Dirt · Off grid
28.6Jun 14, 2025$43,3001,5152,4554.7 mi
75
NM-251906
Paved · Power at road
5.8Jul 27, 2026$15,3002,6512,1713.0 mi
72
NM-742605
Dirt · Off grid
9.6Feb 4, 2026$20,8002,1783,03310.4 mi
72
NM-373108
Landlocked · Power at road
13.8Dec 7, 2024$16,2001,1761,9065.0 mi
72
NM-601720
Dirt · Power at road
5.0Jul 27, 2026$16,0003,1723,5428.6 mi
70
NM-523897
Dirt · Power at road
24.4Mar 5, 2024$40,1001,6422,32211.4 mi
65
Show adjustment detail for the top comp
  • Tract size (27.36 ac → 16.55 ac)+6.9%
  • Access (Paved → Dirt)-27.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.